We are busy producing and marketing profitable products for society to enjoy! now you want us to provide legal services, day-care centers, and counseling for aids victims and alcohol and drug abusers. if we do all these things, what role will the government, church, and family play? " exclaimed the vice president of milam corporation. this manager's comments reveal what concept? a) the economic model of social responsibilityb) the need to preserve management rightsc) the socioeconomic model of social responsibilityd) consumerisme) the strictest model of social responsibility

Ardmore farm and seed has an inventory dilemma. they have been selling a brand of very popular insect spray for the past year. they have never really analyzed the costs incurred from ordering and holding the inventory and currently fave a large stock of the insecticide in the warehouse. they estimate that it costs $25 to place an order, and it costs $0.25 per gallon to hold the spray. the annual requirements total 80,000 gallons for a 365 day year. a. assuming that 10,000 gallons are ordered each time an order is placed, estimate the annual inventory costs. b. calculate the eoq. c. given the eoq calculated in part b., how many orders should be placed and what is the average inventory balance? d. if it takes seven days to receive an order from suppliers, at what inventory level should ardmore place another order?